PPP Loan information for First automotive group, inc.

$415,600

First automotive group, inc. was initially approved for PPP Loan of amount $415,600, the current approved amount is $415,600. The loan was approved on 04/14/2020 by The Bristol County Savings Bank reported 37 jobs and $415,600 was used to fund payroll.

First automotive group, inc. is Existing or more than 2 years old

FIRST AUTOMOTIVE GROUP, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FIRST AUTOMOTIVE GROUP, INC.

Borrower Address

280 EAST WASHINGTON ST

Borrower City

NORTH ATTLEBORO

Borrower State

MA

Borrower Zip

02760-2313

Loan Status Date

02/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

415600.00

Current Approval Amount

415600.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ATTLEBORO

Project County Name

BRISTOL

Project State

MA

Project Zip

02760-2313

CD

MA-04

Jobs Reported

37

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

32667.00

Payroll Proceed

317600.00

Mortgage Interest Proceed

0.00

Rent Proceed

33000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32333.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

419121.06

Forgiveness Date

02/23/2021

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